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Elsie, MI vs Keego Harbor, MI

62
Elsie
Michigan
VS
-29.7%
89
Keego Harbor
Michigan

There is a significant gap in the cost of living between these two cities. Elsie is 29.7% cheaper than Keego Harbor. With a cost index of 62 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elsie to Keego Harbor should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elsie is $692/month compared to $1,125/month in Keego Harbor — a 39% difference. Home values follow the same pattern: Elsie is more affordable at $107,600 median vs $246,300.

Median household income in Elsie is $55,000 compared to $70,185 in Keego Harbor (-21.6%). The higher salaries in Keego Harbor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elsie spend roughly 15.1% of their income on rent, less than the 19.2% in Keego Harbor.

Income & Cost

Cost of Living Index
Elsie
62
30% cheaper
Keego Harbor
89
Median Household Income
Elsie
$55,000
Keego Harbor
$70,185
22% higher

Housing

Median Rent
Elsie
$692
38% cheaper
Keego Harbor
$1,125
Median Home Value
Elsie
$107,600
56% cheaper
Keego Harbor
$246,300
Population
Elsie
951
Keego Harbor
2,747

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elsie $2.88
Keego Harbor $3.00
US $3.07
🥚
Eggs (grade A, large)
Elsie $2.35
Keego Harbor $2.45
US $2.50
🥛
Milk (whole)
Elsie $3.79
Keego Harbor $3.94
US $4.03
🍞
Bread (white)
Elsie $1.74
Keego Harbor $1.81
US $1.85
🍗
Chicken breast
Elsie $3.90
Keego Harbor $4.06
US $4.14
Electricity
Elsie $0.18
Keego Harbor $0.20
US $0.19